Deutsche Bank likely to exit from some businesses, says CEO
Germany-based Deutsche Bank's CEO Christian Sewing has indicated that the bank may consider exiting certain business segments. This comes after the bank reported decline in profits for the fourth quarter and the full year.
Deutsche Bank's Q4 Results: Still Trading At A Discount
Deutsche Bank Aktiengesellschaft's Q4 results showed an 8.6% revenue increase but a 17% drop in pre-tax profit. Click here to find out why DB stock is a Buy.
Deutsche Bank may exit some businesses, CEO says after profit miss
The CEO of Deutsche Bank on Thursday said Germany's largest lender could exit some businesses after fourth quarter and full-year profit fell more than expected, with investment banking revenue gains eroded by legal provisions and restructuring costs.
Deutsche Bank May Exit Some Businesses | Costco To Raise Hourly Pay | The World Report
The CEO of Deutsche Bank on Thursday said Germany's largest lender could exit some businesses after fourth quarter and full-year profit fell more than expected, with investment banking revenue gains eroded by legal provisions and restructuring costs.
Deutsche Bank: Bullish, But No Longer All-In
Deutsche Bank reported solid Q4 results with €7.2 billion in revenue, driven by a 30% YoY jump in the investment bank. Read more about DB stock here.
Deutsche Bank: Q4 Earnings Snapshot
The bank, based in Frankfurt, Germany, said it had earnings of 16 cents per share. The bank posted revenue of $16.32 billion in the period. Its revenue net of interest expense was $7.71 billion, exceeding Street forecasts.
Deutsche Bank needs more than one ‘year of reckoning’
Christian Sewing thinks “predictability and consistency” are very important for Deutsche Bank. The German bank’s chief executive is not wrong. For much of the past 15 years, the only thing consistent about Deutsche was its ability to step on every rake it encountered.
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Deutsche Bank’s Sewing to Cut Management Roles as Costs Rise
Deutsche Bank AG said it plans to reduce management roles and cut headcount over coming years, after higher-than-expected ...
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